What are my rights to my deceased parent’s bank accounts and when should I hire an attorney for probate disputes?

What are my rights to my deceased parent’s bank accounts and when should I hire an attorney for probate disputes? Detailed Answer 1. Accessing a Deceased Parent’s Bank Accounts When a parent dies, banks typically freeze their accounts. You must show proof of authority before you can withdraw funds. North Carolina law recognizes two main…

How does North Carolina law allocate proceeds when a tenant-in-common ex-spouse never paid the mortgage?

Detailed Answer When a decedent’s estate includes real property held as tenants in common with an ex-spouse, the personal representative must first satisfy all valid liens, including any outstanding mortgage. Under N.C.G.S. 28A-13-1, the clerk may authorize sale of estate property to pay funeral expenses, administration costs, taxes, and debts. The representative sells the property,…

What are North Carolina deadlines for estate distribution and heirs’ options for co-owned property partitions?

Detailed Answer In North Carolina, personal representatives must follow specific timelines before distributing estate assets and heirs who inherit co-owned real property have clear paths to divide or sell the land. Understanding these deadlines and options helps avoid disputes and ensures compliance with state law. Deadlines for Estate Distribution Before a personal representative distributes assets,…

How do I administer an intestate estate and recover expenses without next of kin in the State of North Carolina?

How do I administer an intestate estate and recover expenses without next of kin in the State of North Carolina? 1. Detailed Answer Administering an intestate estate—that is, an estate where the decedent left no will—requires you to follow North Carolina’s probate procedures under Chapter 28A of the North Carolina General Statutes. When no next…